W.W. Grainger, Inc. Reaffirms Earnings Guidance for the Full Year of 2021
October 29, 2021 at 08:00 am EDT
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W.W. Grainger, Inc. reaffirmed earnings guidance for the full year of 2021. For the year, the company expects net sales to be $12.7 - 13.0 billion. Earnings per Share to be $19.00 - 20.50.
W.W Grainger, Inc. specializes in professional distribution of industrial supplies and equipment. The group supplies businesses and institutions with maintenance equipment, industrial safety supplies, service and maintenance parts, lighting products, ventilation equipment, pumps and plumbing products, etc.
At the end of 2020, products are marketed through a network of 407 branches (of which 287 in the United States and 49 in Canada), 29 distribution centers (of which 17 in the United States and 5 in Canada), through catalogues and the Internet.
Net sales are distributed geographically as follows: the United States (72.6%), Canada (4%) and other (23.4%).